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26%
1.87 

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Verified Member MouthShut Verified Member
Delhi India
Kotak Mahindra Bank
Jul 01, 2019 02:32 PM 8279 Views

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Hello friends, my experience with Kotak Mahindra Bank has been a very disappointing one and it cannot be trusted at all.They did not tell me that they will charge my zero balance salary account at time of account opening and they started deducting Rs.1000/-every month(non minimum balance maintenance fee) which means a lot for me.After having deducted an amount of Rs.4000/-, I was told that they will deposit Rs.2000/-on depositing a sum of Rs.50, 000/-for three months.This was really pathetic as they were taking advantage of my situation.They did not bother to inform me the exact amount of money they deduct as non-minimum balance maintenance fee.In my opinion, this bank should be avoided as our money is not safe here.


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